SPECIALIST SERVICE
GST Specialist
Goods and Services Tax (GST) is a complex and evolving tax system with rates and regulations that can vary based on the product or service being sold. Many businesses find it challenging to keep up with the latest GST rules and compliance requirements.
Our GST specialists are here to help you stay up-to-date with your GST obligations and ensure you don’t pay more tax than necessary. With years of experience in assisting businesses with their GST needs, we offer tailored services to meet your specific requirements. Here are some examples, but please get in touch with our team for any specific questions.
GST REGISTRATION
Registration is a critical component of the GST system and is an area of compliance that our experienced team handles regularly.
Any business entity must consider whether or not to register for GST. The main reasons for registering include:
- Compulsory Registration: If your turnover from taxable supplies exceeds the threshold.
- Voluntary Registration: Even if your turnover is below the threshold, it may be beneficial to register to recover GST on costs, facilitate dealings with suppliers, or enhance the business’s credibility.
- Pre-Trade Registration: If your business has not started trading but aims to recover GST on startup costs.
GST registration is a formal and strictly controlled process and can be more complex than it appears, with significant penalties for non-compliance. Our team has assisted numerous businesses in successfully registering for GST, providing as much or as little help as needed.
GST RETURN FILING
Once registered for GST, businesses have several obligations, such as filing GST returns and maintaining accurate records.
We simplify this process by offering assistance with:
- Monthly/Quarterly Returns: Ensuring timely and accurate filing of GSTR-1, GSTR-3B, GSTR-9, and other relevant forms.
- Reconciliation: Helping with the reconciliation of sales and purchase data to ensure accurate reporting.
Our team guides you through the complexities of GST return filing, ensuring compliance and minimizing errors.
INPUT TAX CREDIT (ITC) MANAGEMENT
Managing Input Tax Credit (ITC) is crucial for optimizing GST liability.
We help with:
- Claiming ITC: Ensuring eligible ITC is claimed accurately.
- Reconciliation: Timely ITC reconciliation to avoid mismatches and disputes with tax authorities.
Our expertise ensures that your business maximizes ITC recovery while maintaining compliance.
GST REFUNDS
Managing GST refunds can be intricate and time-consuming.
We assist with:
- Refund Claims: Processing GST refund claims efficiently.
- Documentation: Handling all necessary documentation and follow-ups with authorities.
Our team’s experience ensures a smooth and hassle-free refund process.
LITIGATION SUPPORT
Navigating GST disputes requires expert knowledge and experience.
We offer:
- Representation: Representing clients in GST-related disputes.
- Appeals and Hearings: Assisting with appeals and hearings before GST authorities.
Our litigation support aims to resolve disputes favorably and efficiently.
COMPLIANCE AND PENALTIES
Complying with GST regulations is challenging, with strict penalties for non-compliance.
We help you avoid:
- Late Registration Penalties: Significant fines for failing to register on time.
- Misdeclaration Penalties: Penalties for incorrect figures on GST returns.
- Surcharges: Additional charges for late filing and payment of GST.
Our comprehensive advice and assistance help you stay compliant and avoid penalties.
GST AUDITS AND HEALTH CHECKS
Regular audits and health checks are essential for maintaining GST compliance.
We assist with:
- System Review: Streamlining and reviewing GST records.
- Improving Compliance: Enhancing systems to avoid penalties and maximize ITC recovery.
- Error Minimization: Reducing output GST errors.
Our audits and health checks help ensure your business remains compliant and optimized for GST.
TRAINING AND PUBLICATIONS
To help you understand GST better, we offer:
- Training Sessions: Tailored training for your staff on GST compliance.
- Publications: Access to useful GST publications and regular updates on the latest developments.
Our training and resources empower your team with the knowledge needed to handle GST effectively.
ALL SERVICES
The Accounting and audit team
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
STEWART JELL
Principle
- demo@gmail.com
- +123716761
MEET OUR WHOLE TEAM
HOW WE HELP
-
Corporate Compliance -
Online Bookkeeping -
Owner-managed businesses -
Charities & not for profit - Financial Services
- Legal
- Property & construction
-
Renewable energy -
Video games companies
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HOW CAN WE HELP?
Want easier ways to manage your accounts? Got a tricky question about tax? Looking to grow your business? Get in touch and our team of experts will help.